Regional truckload tender rejection rates in the US are diverging significantly, with the Southeast showing much higher rates (near 10%) than the West Coast (around 3.5%). This disparity is due to ...
A UPS cargo plane crashed during takeoff in Louisville, Kentucky, resulting in seven confirmed deaths, eleven injuries, and extensive damage to nearby industrial buildings. The incident has led to the ...
Shippers began reducing inventories in October for the first time since July, indicating a strategic shift from "just-in-case" to a "just-in-time" approach driven by persistently high inventory costs.
A UPS MD-11 freighter crashed into warehouses near Louisville Mohammad Ali International Airport shortly after takeoff on Tuesday. The cargo plane, carrying three crew members, erupted in flames on ...
RXO's stock plummeted over 14% pre-market following Q3 earnings that showed significant year-on-year declines in key financial metrics like adjusted net income, EPS, and EBITDA, missing analyst ...
The U.S. Trade Representative has officially suspended port fees on China-built cargo ships for one year, effective until November 10, 2025. This suspension is part of a wider trade agreement, with ...
Universal Logistics Holdings reported a significant Q3 net loss of $74.8 million, primarily driven by an $81.2 million noncash impairment charge in its intermodal segment due to reduced demand. Even ...
Trucking’s pain is spreading beyond freight rates and diesel prices — it’s now hitting the banks. In its third-quarter earnings release, Midland States Bancorp revealed that trucking industry woes ...
Sang H. Yi appointed acting head of the Maritime Administration (MARAD). Yi has a background in Congress, intelligence, and the U.S. Merchant Marine Academy. MARAD's responsibilities include managing ...
Surface Transportation Board (STB) nominees Richard Kloster and Michelle Schultz assured senators they would impartially judge Union Pacific’s proposed acquisition of Norfolk Southern based solely on ...